1. Cash Budget: As of Oct 1,ABC has $10,000 debt outstanding with 19 monthly interest rate. The company wants to keep a minimum of $20,000 in Cash at the end of each month. If the Cash balance exceeds $20,000 at a month-end, the company uses the excess to repay the bank debt. If the Cash balance is less than $20,000 at month-end, the bank will loan the difference. December, the company plans to pay $25,000 for new equipment